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Toronto, ON Real Estate News

By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
North York Condos: 509 Beecroft Ave. 503 - 509 Beecroft taken from street level looking up at The Continental condos tower at the corner of Beecroft Rd and Finch Ave., one block west of Yonge St in Toronto's North York. Visit Beecroft Road Condos to get a list of all available units for sale. Subscribe to Toronto Real Estate & Condos Blog by Email Loading...
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By David Pylyp
(RE/MAX Realty Specialists Inc.,)
City of Toronto property taxpayers will see an average assessment increase of approximately 5.4 per cent in 2009 as a resultof the four-year phase-in of assessment increases introduced by the ProvincialGovernment. "Residential property values have increased by approximately 22 per cent in the City of Toronto since 2005, when the last assessment update was done. Because of the four-year phase-in introduced by the Provincial Government,property taxpayers here will see an average assessment increase ofapproximately 5.4 per cent next year," said Joe Regina, Account Manager, Municipal Relations, in the Toronto office of the Municipal PropertyAssessment Corporation (MPAC). An increase in assessment does not necessarily mean an increase inproperty taxes. If the assessed value of a home has inc...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Downtown Toronto Condos: 18 Yonge Street. Welcome to 18 Yonge Street. A beautiful luxury high rise condo apartment building located in the heart of downtown Toronto. Just a short walk to TTC at Union Station and GO bus. With the Gardiner Express way moments away, you can quickly get out of the downtown core by car. Loblaws is just minutes away by car and the Eatons Center is two TTC stops away or a 15 - 20 minute walk. Condo Apartment Features 18 Yonge st. Condominiums features units ranging from bachelor apartments, 1 bedroom, 1 bedroom plus den and 2 bedrooms. This building has been pre wired for high speed internet access. The amenities in the building include an indoor pool, recreation room, exercise room, sauna, 24 hr security. Maintenance Fees Maintenance fee cover water, heat, c...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Downtown Toronto Condos: Matrix East and West Tower Photo of original CityPlace Condos Matrix East and West Towers. Photo taken from gate 13 at Rogers Centre. Matrix East and West are located on Front St. East.Subscribe to Downtown Toronto Condos by Email Loading... Steven Campbell, Sales RepresentativeColdwell Banker Terrequity Realty., Brokerage* www.stevencampbell.cahttp://eastyorktorontorealestate.comhttp://downtowntorontocondosforsale.com*Indenpendently Owned and Operated.Not intented to Solicit Buyers or Sellers Currently Under Agency Agreement.  
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Cityplace Condos on Spadina Looking South from the corner of Front st. at the Cityplace Condos complex, including Brunel Ct. Wait for the updated photo in a years times. I am sure there will be a drastic change with all the new construction going on. Subscribe to Downtown Toronto Condos by Email Loading...
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By Toronto For Sale By Owner
(HomesByOwner of Toronto)
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Featured Toronto Condos: 19 Avondale Ave. Pied A Terre Featured Toronto Condo 19 Avondale Ave, "Pied A Terre". This 7 story condo is part of the Residence of Avondale complex built by Shane Baghai and completed in 2006. Located in the heart of North York, right next to Yonge St. just south of Sheppard Ave and just north of Highway 401. TTC is a short walk away, with both the Yonge line and Sheppard line operating out of Sheppard Station. There is a Starbucks right at the corner of Avondale and Yonge. Shopping, Entertainment and Resturants are all within walking distance. Bayview Village Shopping Centre, Centerpoint Mall and Fairview Mall are all within a short drive. Starbucks and Rabba are part of the complex. Condo Apartment Features Pied A Terre is mostly a 7 storey bachelor apartmen...
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By David Pylyp
(RE/MAX Realty Specialists Inc.,)
I received this email and I thought I would share the contents with you.There's been a lot of talk about real estate in the news in recent months. We've heard about declining housing starts, falling existing home sales, double-digit price depreciation, subprime fallout and foreclosures - in the United States. Fortunately, we live in Canada. And Canadian real estate markets are far-better positioned than their American counterparts for a good number of reasons. Subprime mortgages represent less than five per cent of our market nationally.Foreclosures occur in about one quarter of one per cent of mortgage transactions in this country. Canadians have more equity in their homes. We have less debt than our neighbours south of the border. Speculation has played little or no role in existing h...
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By Sylvie Conde, Broker, Toronto Real Estate
(Sutton Group-Associates Realty Inc., Brokerage)
The Trinity Bellwoods Farmer's Market is coming to an end for this year.The last one will be held on October 28th ... less than 1 week away. Don't miss this market.  It promotes local and urban sustainable agriculture. There is an amazing selection of locally grown, organic produce, freshly baked bread, a selection of meats and dairy.   Don't forget to take your re-usable bags, as plastic bags available are few.   If you drive there, don't park on Shaw Street, by the park.That area is reserved for the vendor vehicles.There is also an on-leash area for pets.Smoking is not allowed in the immediate market area.If you require additional information, call 416-435-8860 Trinity Bellwoods Park is at the corner of Dundas & Shaw Street and the market vendors are set up on the on the North west si...
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
The U.S. Federal Reserve announced Tuesday that it will provide up to US$540 billion in financing to the money market mutual fund industry.  The Fed's new program is called the Money Market Investor Funding Facility. This Facility will be used to support a private-sector initiative designed to provide liquidity, or cash, to money market investors. The Fed plans to back purchases of short-term debt including certificates of deposit and commercial paper that expire in three months or less from money market mutual funds. "The short-term debt markets have been under considerable strain in recent weeks as money market mutual funds and other investors have had difficulty selling assets to satisfy redemption requests," the Fed explained. The Fed is tapping its Depression-era emergency powers t...
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
Warren Buffett has said he's buying U.S. equities if the prices stay attractive. "A simple rule dictates my buying: Be fearful when others are greedy and be greedy when others are fearful," Buffett, 78, said in an opinion piece published Friday in The New York Times. "Most certainly, fear is now widespread." He said if equities stay cheap, his non-Berkshire net worth will soon be 100 percent in U.S. stocks from 100 percent in government bonds. Thanks for the info Warren, however, I do believe the economy is in for a rough ride over the next year or so.  In my view, I would consider closing the book on investing in the equities markets for 2008 and wait to see if things appear to be settling in Jan/Feb 2009 following the holiday showing season (after the major retailers report holiday sa...
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By David Pylyp
(RE/MAX Realty Specialists Inc.,)
Activity in the Greater Toronto Area resale housing market moderated considerably during the first half of October with 2,700 homes changing hands, Toronto Real Estate Board President Maureen O'Neill announced today.Sales volumes in the GTA decreased 18 per cent compared to the first half of October 2007, when 3,297 transactions were recorded and are down 10 per cent compared to the same period in 2006 when 3,007 sales took place.In the City of Toronto 1,140 sales took place in the first half of this month. This represents a 21 per cent decline from the 1,446 sales that took place in the same period a year ago and a 13 per cent decrease from the 1,312 transactions recorded in the first half of October 2006.In the 905 Region there were 1,560 sales in the first two weeks of this month, a ...
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By Anthon Pang, Broker
(iPro Realty Ltd., Brokerage)
Find out what the experts think the market will likely be in 5, 10, or 20 years.  The Canada Mortgage and Housing Corporation (CMHC) is hosting its 2008 series of "Housing Outlook Conferences" in (and about) these Canadian urban centres: Quebec: Montreal and Quebec Ontario: Hamilton, Kitchener, London, Ottawa, and Toronto Alberta: Edmonton and Calgary BC: Vancouver The Toronto Housing Outlook Conference will be held at the Toronto Convention Centre (South Building, Room 718) @ 255 Front St. W, Toronto, on November 6, 2008, from 7:30 am to noon.  Early book price (book before Oct 24) is $190.48 + GST (or $200 even). To register: CMHC conference web site  
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
North York Condos: 35 Finch Ave East. A view of 35 Finch Ave East Condos. Located in North York right at the Corner of Kenneth Ave and Finch Ave East, 1 block east of Yonge Street. This shot was taken from the corner of Olive Ave and Kenneth. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
North York Condos: A View from 31 Bales Ave. 31-bales-north west-view, originally uploaded by Toronto Real Estate/Condos. This photo was taken from the North York condo building 31 Bales Ave and shows the view facing North West. The roof is the Dominion at the cornor of Yonge and Sheppard and future home of the Hullmark Center. Subscribe to Toronto Real Estate | Condos | Listings by Email Loading...
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
In Canada, the Conservatives were re-elected into Government this Tuesday evening, with Stephen Harper maintaining his position as the Prime Minister of Canada.  However, the Conservatives will once again have a minority gov't.  This is Canada's third consecutive minority government.  It appears Canadian voters have opted for no major changes amongst their elected representatives during these tough economic times.  
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By Gina Burgio
(VERICO Designer Mortgages Inc.)
Last month, the US gov't announced that it was lending US$85billion to AIG (American International Group Inc.) in exchange for an 80% equity stake in AIG.  The gov't has also increased its credit to AIG by another US$38billion.  The Fed is in the process of also appointing trustees to oversee the US gov't's stake. There have been mixed reactions in the marketplace regarding the US gov't taking an ownership interest AIG, the nations largest insurance company.  AIG subsidiary, AIG United Guaranty, provides mortgage default insurance to lenders, including financial institutions in Canada since 2006.  Canada Mortgage and Housing Corporation (CMHC), a corporation owned by the Canadian gov't, also provides mortgage default insurance to financial institutions in Canada and has been doing so su...
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By Casey Ragan
(RE/MAX Hallmark Realty Ltd.)
  Attached is an excellent report put out by one of the most respected Ecumenist's in Canada , Benjamin Tal.   It is an easy read and is NOT written in economic babble.   In short , Tal covers 3 main topic's that could "Trigger" a US type meltdown.   1    Market Balance & Location - currently we are in a balanced market but will be in a buyers market by next year. BUT these are national figures and are being driven more by Western Canada than the GTA   2    Rates in relation to Affordability - comparing current affordability to 1990, rates would have to double to  trigger a slide. This is not going to happen   3    Sub Prime - this is the root of the US problems , in short US exposure to this was 33% of the marketplace and Canada barely 5%   The current problems will pass but consumers ...
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By Sylvie Conde, Broker, Toronto Real Estate
(Sutton Group-Associates Realty Inc., Brokerage)
Fleishman Gallery  -  Opening Reception   -  Friday October 17th 7 - 9:30pm- WINE & CHEESE - JOIN US - At WonderWorks - ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Fleishman Gallery is located at WonderWorks79a Harbord Street (west of Spadina)Toronto, Ontario M5S 1G4416 323 3131www.gowonderworks.cominfo@gowonderworks.com~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~  Upcoming exhibition by Israel-based performance artist, Lezli Rubin-Kunda. The artist will be in attendance, and also performing an ‘ongoing action' during the reception.******************************************************************************* Exhibition viewing times: Sunday  Oct. 19th 12-5 Monday 20th - Friday 24th 11- 6  Monday 27th - Friday 31st 11- 6 Housekeeping 2007 Ramat Hasharon, Israel, Duration, ...
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By Steven Campbell, REALTOR
(Forest Hill Real Estate Inc., Brokerage)
Toronto Condos: Quantum @ Minto Midtown Looking up at Quantum @ Minto Midtown Condos, from the parking garage across the street. Located in the heart of midtown Toronto just south of Eglinton on Yonge Street. From my Blackberry.Subscribe to Toronto Real Estate | Condos | Listings by Email Loading... Steven Campbell, Sales RepresentativeHomelife Victory Realty Inc., Brokerage* www.sellwithsteven.comhttp://eastyorktorontorealestate.comhttp://downtowntorontocondosforsale.com *Indenpendently Onwed and Operated.Not Intended to Solicit Buyers or Sellers Currently Under Agency Agreement.
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